Service retailers in the United States are growing faster than product retailers

Formation of a cartel like OPEC, consisting of oil-producing companies, would most likely be illegal in the United States

Indicate whether the statement is true or false

A firm that develops the capacity to sell its products by investing in marketing and selling operations is ________

A) acquiring downstream value-chain facilities B) acquiring upstream value-chain facilities C) engaging in centralization D) engaging in decentralization